Do you have any favorite superstititions when trading crypto

RealMalatesta

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Quote from: pinggoki on January 22, 2022, 04:35:06 AM

Quote from: Botnake on January 17, 2022, 03:23:23 PM

Well, of course even if you do believe in some superstitions that you think will bring luck to you, it does not mean that you should stop learning and trusting your own skills in trading. You should still improve it as much as you can, but believing in superstitions won't also bring any harm to us so why not try. After all, it if does not work, then we have nothing to lose. I really never have that beliefs when i trade, but mostly i don't trade when i see myself not motivated because it may only be the reason for me to fail in trading and lose my money.

No sense believing though especially if it's not grounded in logic and the virtue of believing in it is zero. Superstitions tend to make you doubt your move so you end up having to half ass your move and end up failing most of the time because you didn't put an all in because you are too scared due to some belief passed on to you.

There are two different type of superstitions that you could have, and one of them is not a problem or even good whereas the other could be a problem and you would be right. If the one you have is like "holding this special coin in my hand while trading" then you are basically still trading like you normally would without the coin but just holding a coin meanwhile and that would not change anything and it would not hurt you at all and that is not a problem at all.

However, if it is like "I have to buy at even numbers" or something that changes the way you gamble, then you could have a problem, like you are fine with selling at 37k or 35k but can't at 36? That could hurt you. So you need to know the difference between harmful and innocent versions.

DoublerHunter

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Quote from: ChrisPop on January 22, 2022, 12:40:28 PM

Just the mere fact of believing in superstitions can affect your trading & investing game. Superstitions are part of a gambler's mindset and not a part of a professional trader's mental skillset.
If you find yourself praying a position will get back into green territory or price will reach your target, that's a sign you don't trust strategy, therefore you haven't backtested or articulated it well enough. In other words it should be like a big placard saying "Get back to the blackboard!"

^ That is definitely right that superstitions are belonged to the gambler's mindset and not to the trader's mindset.
But I think no one will lose if you believe such superstitions by yourself for the trader but this will remind you that skills, knowledge, and strategies are the most important part when you are in trading. Though trading has a sort of gambling it does not mean gambling and trading are the same so superstation is dependent on us. I think a sign of a cross before the game start is a part of the superstition.

Fatunad

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Quote from: freedomgo on January 22, 2022, 02:44:23 PM

Quote from: molsewid on January 22, 2022, 11:48:40 AM

Quote from: Flexystar on January 22, 2022, 06:44:43 AM

Lolz, that’s funny but yeah many of them are having some sort of superstition after reading the thread. Idk it may be more or less lucky charms. I mean if we went with the above calculation then everyone has different lucky charms. Not everyone is wearing their lucky charms everyday day so coin status could go rogue. Lolz.

Personally I don’t have anything like this. I’m all the time on the screens once I wake up early in the morning. I don’t even choose daily fashion, accessories etc. Just go with whatever comes in my hands. Grin

Never I have heard this kind of superstitions even before I started trading and to be honest never I had practiced like this kind on my own, maybe this is one of the reason why I am not that lucky enough on my trading and investing journey lol. Yeah, it may sounds funny and weird but for other investors and traders this kind of beliefs work on them and I respect that. Guess what I am here because I am earning some tips from others who have their superstitions that they really believe gave them luck.

Believing from superstitions will not worsen the struggle so i think if you wish to imitate some of the shared tips here, then go on. But i suggest, never rely on it alone as you still have to do your part as a trader. As much as possible, never stops learning in crypto because being knowledgeable when it comes to crypto trading is always and edge. And treat your past experiences as your best teacher, and in that way you will never make the same mistakes again and will always find ways to improve your trading. With or without superstitions, a good trader will always be profitable if you follow all of these.

You could neither follow it or avoid it because on general sense this isnt gambling on which you do really have that kind of behavior on where you do believe with those supertitious things
which we know that it doesnt really work since everything could really be random and would really be basing up on your trading analysis and we know that each one of us does have
different ways on dealing off with the market. Stick into your own analysis and dont really beleive that there is something like this that could really affect your
trading results because this isnt how the reality works.

freedomgo

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Quote from: molsewid on January 22, 2022, 11:48:40 AM

Quote from: Flexystar on January 22, 2022, 06:44:43 AM

Lolz, that’s funny but yeah many of them are having some sort of superstition after reading the thread. Idk it may be more or less lucky charms. I mean if we went with the above calculation then everyone has different lucky charms. Not everyone is wearing their lucky charms everyday day so coin status could go rogue. Lolz.

Personally I don’t have anything like this. I’m all the time on the screens once I wake up early in the morning. I don’t even choose daily fashion, accessories etc. Just go with whatever comes in my hands. Grin

Never I have heard this kind of superstitions even before I started trading and to be honest never I had practiced like this kind on my own, maybe this is one of the reason why I am not that lucky enough on my trading and investing journey lol. Yeah, it may sounds funny and weird but for other investors and traders this kind of beliefs work on them and I respect that. Guess what I am here because I am earning some tips from others who have their superstitions that they really believe gave them luck.

Believing from superstitions will not worsen the struggle so i think if you wish to imitate some of the shared tips here, then go on. But i suggest, never rely on it alone as you still have to do your part as a trader. As much as possible, never stops learning in crypto because being knowledgeable when it comes to crypto trading is always and edge. And treat your past experiences as your best teacher, and in that way you will never make the same mistakes again and will always find ways to improve your trading. With or without superstitions, a good trader will always be profitable if you follow all of these.

ChrisPop

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Just the mere fact of believing in superstitions can affect your trading & investing game. Superstitions are part of a gambler's mindset and not a part of a professional trader's mental skillset.
If you find yourself praying a position will get back into green territory or price will reach your target, that's a sign you don't trust strategy, therefore you haven't backtested or articulated it well enough. In other words it should be like a big placard saying "Get back to the blackboard!"

molsewid

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Quote from: Flexystar on January 22, 2022, 06:44:43 AM

Lolz, that’s funny but yeah many of them are having some sort of superstition after reading the thread. Idk it may be more or less lucky charms. I mean if we went with the above calculation then everyone has different lucky charms. Not everyone is wearing their lucky charms everyday day so coin status could go rogue. Lolz.

Personally I don’t have anything like this. I’m all the time on the screens once I wake up early in the morning. I don’t even choose daily fashion, accessories etc. Just go with whatever comes in my hands. Grin

Never I have heard this kind of superstitions even before I started trading and to be honest never I had practiced like this kind on my own, maybe this is one of the reason why I am not that lucky enough on my trading and investing journey lol. Yeah, it may sounds funny and weird but for other investors and traders this kind of beliefs work on them and I respect that. Guess what I am here because I am earning some tips from others who have their superstitions that they really believe gave them luck.

Flexystar

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Lolz, that’s funny but yeah many of them are having some sort of superstition after reading the thread. Idk it may be more or less lucky charms. I mean if we went with the above calculation then everyone has different lucky charms. Not everyone is wearing their lucky charms everyday day so coin status could go rogue. Lolz.

Personally I don’t have anything like this. I’m all the time on the screens once I wake up early in the morning. I don’t even choose daily fashion, accessories etc. Just go with whatever comes in my hands. Grin

pinggoki

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Quote from: Botnake on January 17, 2022, 03:23:23 PM

Quote from: pinggoki on January 17, 2022, 09:32:57 AM

Nothing really, belief in something that may or may not exist and at the same time using it for trading, I don't think that it's really a good thing for someone to do because you're being irresponsible to your actions and you don't believe in your own trading skills so you rely on superstitions to move in trading. The only superstition that I believe in is the Fear and Greed Index.

Well, of course even if you do believe in some superstitions that you think will bring luck to you, it does not mean that you should stop learning and trusting your own skills in trading. You should still improve it as much as you can, but believing in superstitions won't also bring any harm to us so why not try. After all, it if does not work, then we have nothing to lose. I really never have that beliefs when i trade, but mostly i don't trade when i see myself not motivated because it may only be the reason for me to fail in trading and lose my money.

No sense believing though especially if it's not grounded in logic and the virtue of believing in it is zero. Superstitions tend to make you doubt your move so you end up having to half ass your move and end up failing most of the time because you didn't put an all in because you are too scared due to some belief passed on to you.

Hypnosis00

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Quote from: judaspriest on January 22, 2022, 01:15:18 AM

Quote from: tvplus006 on January 21, 2022, 07:29:42 AM

Quote from: blockchainpcn on December 12, 2021, 06:19:55 PM

Do you have any favorite superstitions when trading crypto...

The only superstition for a trader should be a ban on opening short trades in a bull market and, accordingly, long trades in a bear market, if you are a long-term investor. All other superstitions will not bring you any profit or loss, since they are just superstitions.

Again it all depends on each trader because after all they must have their own beliefs,
if a trader is superstitious I think there is nothing wrong with that and they are definitely responsible for it

Nothing had made it wrong, some just consider them as a lucky charm or a sign to have a good trade. But for us who never believe this, we don't think it was important. But in general, we always rely upon ourselves and strategies as this will only give us a chance to make a profit, otherwise, knowing beliefs and trust in them aren't that special.

As I was going to trade, I don't even wear any lucky charm or anything that might give us luck, what I did is to trust myself and TA.

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Quote from: tvplus006 on January 21, 2022, 07:29:42 AM

Quote from: blockchainpcn on December 12, 2021, 06:19:55 PM

Do you have any favorite superstitions when trading crypto...

The only superstition for a trader should be a ban on opening short trades in a bull market and, accordingly, long trades in a bear market, if you are a long-term investor. All other superstitions will not bring you any profit or loss, since they are just superstitions.

Again it all depends on each trader because after all they must have their own beliefs,
if a trader is superstitious I think there is nothing wrong with that and they are definitely responsible for it

gamer4156

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I saw some place any numbers that are connected with my exchange. Furthermore that is the time I feel so good, it resembles a sign to it will be a decent exchange for myself and will bring about a decent benefits. Toward the day's end, it won't damage to conviction and practice odd notions however long no one's being corrupted or whatnots.

AicecreaME

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Quote from: blockchainpcn on December 12, 2021, 06:19:55 PM

Do you have any favorite superstitions when trading crypto
like for example if you get off the bed on the right side of the bed, your coins won't dump
wearing this color shirt keeps your portfolio in the green

No offense but beliefs are nonsense, there's no solid evidences that they actually work. I believe in coincidence, but not in beliefs.
Because look, the market or the developer of a certain coin doesn't even know you, or what beliefs you do believe, meaning, the market movement entirely depends on the supply and demand, news, and whales, coins doesn't believe beliefs, just pure economic stuff.

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That sounds funny and interesting, if you have each one's beliefs there is nothing wrong, the important thing is not to interfere with other people's activities. I myself do not have superstitions as you say. What I believe is that on weekdays the price of the coin will go up, but when the weekend comes, the price of the coin will actually go down. I often use this benchmark because it happens often, maybe not very accurate but that's how I feel. Some people also seem to feel this way. Crypto is as unique as this no one knows how cryptocurrencies are programmed. It's really interesting if you are already part of it.

tvplus006

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Quote from: blockchainpcn on December 12, 2021, 06:19:55 PM

Do you have any favorite superstitions when trading crypto...

The only superstition for a trader should be a ban on opening short trades in a bull market and, accordingly, long trades in a bear market, if you are a long-term investor. All other superstitions will not bring you any profit or loss, since they are just superstitions.

Sled

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Actually, I don't have that superstitions believe but I ask above that to have some luck and make a profit. Well, sometimes it is heard and sometimes is not...kinda be a reality in trading, I know. I'm not sure how this it works or even not, but what I figure out is totally it depends on our decisions and strategy, in fact, even giving huge effort doesn't work all the time, sometimes we're not to lucky and just loss.

There are no such beliefs that could save us, not at all. But that seems acceptable as we are probably aware of it, not unless if we are to confident of our doings.

lixer

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Quote from: Peanutswar on January 21, 2022, 02:24:24 AM

I don't know if this is like a superstition every time i didn't wear my glasses and makes a trade most of the time it losses the position no matter what, but of course, nothing will lose to you if you follow that kind of beliefs in our side just doing to prevent losing still needs knowledge, skills, strategy and technique to make a trade and what kind of trade do we commit if this is long term or short. Mostly I do futures so.

That's not a superstition but there is an explanation to that on why you lose, it could be that you have an eye sight problem and see things difficult without your glasses. The belief of the op is different to you and yes nothing bad will happen to him if he continues to follow it but for you will just loose more but obviously you wont follow this kind of belief anymore.

Having a knowledge in crypto trading not only can lessen our losses but it helps to increase our gains from trading. So, my suggestion for the people out there is let us not be lazy, it is already the year 2022 and don't just depend on luck or by following superstitious belief i know its not easy at the start but its worth it, trust me.

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When I’m doing bigger trades of crypto I do have certain habits that are pretty regular.
Personally, I only trade when I put on a specific song that depends on the mood i'm currently in usually depending on the time.
I guess I think that music can help me think clearer and in different ways.

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Quote from: Peanutswar on January 21, 2022, 02:24:24 AM

I don't know if this is like a superstition every time i didn't wear my glasses and makes a trade most of the time it losses the position no matter what, but of course, nothing will lose to you if you follow that kind of beliefs in our side just doing to prevent losing still needs knowledge, skills, strategy and technique to make a trade and what kind of trade do we commit if this is long term or short. Mostly I do futures so.

For me, i don't have certain kinds of superstitions but every time i trade, i make sure that the market is showing good signs to trade. So i definitely grab the chance to make profits. But there's no harm really in following such superstitions because if that will make us comfortable, then so be it. Just always equipped yourself with good strategies, special techniques, of course with patience, and with never ending gained knowledge as every time we trade, we should learn new lessons from it.

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Quote from: blockchainpcn on December 12, 2021, 06:19:55 PM

Do you have any favorite superstitions when trading crypto
like for example if you get off the bed on the right side of the bed, your coins won't dump
wearing this color shirt keeps your portfolio in the green

Some of my friends know when i already sell my coins, then price will be pumped. Sometimes it really happen, only in short time after i sell my coins usually it get pumped, but when i hold, then the coins not moved. Like now i hold some VITC token, it keep stable in and no pumped and i only wait for it to pumped.

Peanutswar

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I don't know if this is like a superstition every time i didn't wear my glasses and makes a trade most of the time it losses the position no matter what, but of course, nothing will lose to you if you follow that kind of beliefs in our side just doing to prevent losing still needs knowledge, skills, strategy and technique to make a trade and what kind of trade do we commit if this is long term or short. Mostly I do futures so.

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